Speakers and TT for NAD 3020 Micro-Budget System?


I am a complete stereo newbie and I was looking for some guidance on building my first micro-budget system. I recently picked up a NAD 3020 off CL for $40 in mint condition. I am looking to match speakers and a TT to this system. I have very little money but was looking for something that sounds musical and is tolerable - I'm not interested in a perfect sound experience, just to enjoy listening to records.

My budget is about $400 for the TT and Speakers. I could push it up to $500 if there is a real upgrade in performance. The room is a very small NYC basement apartment. Approx 10' x 10' with low ceilings. I primarily listen to rock with some jazz and no classical. This system will be used almost exclusively for listening to vinyl and that is the primary focus at this time.

I am very happy to purchase used. I know many of these threads conclude with "here are some good ones, you should listen to them" but this is simply not going to happen. There are no used hi-fi stores that I am aware of in my area and anything I buy will more than likely be shipped from far away. I would most like to hear something that you would personally be pleased with in this price range with these specifications.

For speakers there seems to be a consensus that Paradigm Atoms and Mordaunt-Short MS 10s are legends in this category. For TTs, I am thinking of a used Music Hall or Rega entry-level or a vintage Thorens (one of the less coveted older models like a 115) or Marantz that has been cleaned up.

Thanks in advance for reading this and for your help! This is a very intimidating new world and I appreciate all of your expert advice.
powersofi
A mint NAD 3020 for $40 is a good find!

I recently picked up a pair of Polk Model 7s that I saw on CL. I have them paired with a NAD 3125 and I like the combination quite well, especially considering the price. In my opinion, the model 7s are sufficiently deep when playing music that I don't need a sub woofer. Then again, most of what I listen to is jazz and classical.

Good luck!
At $500 for TT and speakers, go with the PSB Alphas and for a turntable, THIS.

I just got one for my 23-yr-old son for Christmas and it's unbelievably good as a turntable for the money, not even counting the switchable built-in phono stage and USB interface. It's a substantial 25 lbs, largely of cast and extruded aluminum and steel, and is easy to set up. It has adjustable VTA and the removable headshell makes cartridge mounting and alignment a breeze. I recommend replacing the felt DJ slipmat with rubber or something better (I just put a 12" circle of polypropylene mesh draw liner on top of it). The included cartridge is rather "DJ" and tracks at 3-5g, but it could get you through until you get a better cart. I've read reviews of this table that indicate it works very well with a Grado Reference Platinum or Ortofon 2M Blue. We mounted a Shure M97xE on my son's and that's a very happy combination--smooth and yet quick with transients, nice tonal balance and surprising bass and slam at that price. It was no slouch on inner detail too.

This would also be an ideal TT for a 78 enthusiast because not only does it offer that speed, you can vary it by as much as +/- 20%, plenty to cover the non-uniform speeds of early "78's".
Powersofi...if you decide to go with a tt like the Audiotechnica or similar with a built in phono stage, keep in mind that your NAD 3020 has an excellent onboard phono stage and you should bypass the table's phono stage and use the NAD's phono.
12-28-09: Cmalak
...if you decide to go with a tt like the Audio Technica or similar with a built in phono stage, keep in mind that your NAD 3020 has an excellent onboard phono stage and you should bypass the table's phono stage and use the NAD's phono.
Yep, that's what my son is doing too; we use the phono stage in his HK receiver. The two units (AT TT & HK rcvr) work well together.
This is what I would buy if I was in your shoes as far as spks. I checked the FS section here under "Monitors" and I saw a pair of Dahlquist M903's for the asking price of $125/BO. The seller (which I no not know) is located not far from you. Ask him a few questions. These would be great sounding spks. That would leave a good portion of the budget on a TT!